EstatePass
Business & FinanceRegulationsmedium15% of exam part

Under Florida Administrative Code 61G4, which of the following continuing education topics is specifically required for general contractors?

Correct Answer

C) Business practices

Florida Administrative Code 61G4 specifically requires business practices as part of the mandatory continuing education curriculum for general contractors. This ensures contractors stay current on business and regulatory requirements.

Answer Options
A
Foreign language skills
B
Computer applications
C
Business practices
D
Advanced mathematics

Why This Is the Correct Answer

Florida Administrative Code 61G4 specifically mandates business practices as a required continuing education topic for general contractors. This requirement ensures that contractors maintain current knowledge of business operations, regulatory compliance, and industry standards. The focus on business practices reflects the critical importance of proper business management in construction operations, including understanding contracts, insurance, safety regulations, and financial management.

Why the Other Options Are Wrong

Option B: Computer applications

Computer applications, while useful in modern construction, are not specifically mandated as required continuing education topics under Florida Administrative Code 61G4.

Option D: Advanced mathematics

Foreign language skills are not required continuing education topics under Florida Administrative Code 61G4, despite Florida's diverse population.

Memory Technique

Think 'Business Before Building' - Florida wants contractors to know how to run their business properly before focusing on technical construction skills.

Reference Hint

Florida Administrative Code 61G4 - Chapter on Continuing Education Requirements for General Contractors

Was this explanation helpful?

More Business & Finance Questions

A general contractor purchases equipment worth $45,000 with a useful life of 9 years and no salvage value. Using straight-line depreciation, what is the annual depreciation expense?

What is the typical recommended coverage amount for general liability insurance for a small to medium-sized general contracting business?

A contractor estimates startup costs of $75,000 for equipment, $25,000 for initial inventory, $15,000 for insurance premiums, and $10,000 for working capital. They can finance 70% of the total. How much cash do they need?

When establishing professional relationships with architects and engineers, what is the most important factor for a general contractor to consider?

A partnership agreement for a construction company should address all of the following EXCEPT:

A contractor purchases a truck for $60,000. After 5 years, it has accumulated depreciation of $35,000. What is the truck's book value?

A contractor's business plan projects first-year revenue of $500,000 with a 15% net profit margin. If actual revenue is $450,000 with the same profit margin, what is the variance in net profit?

Using the Modified Accelerated Cost Recovery System (MACRS), construction equipment is typically depreciated over how many years?

A contractor is comparing financing options for equipment purchase. Option A: $80,000 cash purchase. Option B: $20,000 down, $65,000 financed at 6% for 4 years. What is the total cost of Option B?

A contractor purchases equipment using a capital lease with a present value of $120,000. How should this be recorded on the balance sheet?

People Also Study

Related Study Resources

Practice More Contractor Exam Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your Florida General Contractor exam.

Start Practicing

Disclaimer: EstatePass is an independent exam preparation platform and is not affiliated with, endorsed by, or connected to any state contractor licensing board, the Construction Industry Licensing Board (CILB), the Department of Business and Professional Regulation (DBPR), NASCLA, Pearson VUE, PSI, or any government agency. Exam requirements, fees, and regulations change frequently. Always verify current requirements with your state's licensing board before making decisions. Information shown was last verified on the dates indicated and may not reflect the most recent changes.